I have researched the issues concerning this bankruptcy bill searching for the typical family that would be hurt. The arguments against it range from the bill being written by republican special interests, to it being harmful to the sick, and abused.
However, I have yet to find one example where a person who shouldn't pay more of their bills is forced to, and thereby kept in a horrible financial state.
An actual reading of the bill and our current code show that our bankruptcy laws are quite liberal and very fair. This bill retains those good characteristics for those who need (and many who don't), but tries to tighten up the rules for those who could and should be more responsible.
That there should be more laws concerning business practices is probably true, but not germane. As adults, we need to focus on ourselves and doing the right thing. As a society, we should promote as much good as possible. If the Republicans won't pursue problems with business or the rich that are abusing the credit system, then we will have a good campaign issue.
People who complain really should have an alternative world-view, rather than isolating small parts of an agenda or issue and becoming demagogues.
If anyone can show me an example of a person who should be able to discharge 100% of their debt, and not pay back what they are able to; please do. As a newliberal, I'm dedicated to facts and logic, not emotion or ideology.
We live in the best country in the world as evidenced by the many people wanting to come here, and the very few wanting to leave.
Newliberals like myself need to fight battles that can and should be won.
universal healthcare with maximum choices for each person.
universal education k - college in a marketplace system w/o govt bur.
flexible federal tax that eliminates the IRS and current income tax
decriminalize adult victimless crimes
gun control and gun/crime enforcement that attacks crime
affirmative action that deals with not only race, gender, but ideology, geography, body type, etc.
etc.
We should fight for the broad priinciples of actual equal opportunity, government reform, social and economic justice.
All of this in the greatest country in the world that works through a market-place system. That system must have rules, and this bankruptcy bill is one piece. It is clearly a liberal piece of legislation, even though all of the supporters call themselves "conservatives".
Craig Farmer
making the word "liberal" safe again!
https://www.newliberals.org